Mastercard, R3 team on blockchain payments, Uber resists CA gig bill, Google shutters Express

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September 12, 2019

Cash Flow

Neutralizing The Clash Of The B2B Buyer And Supplier Titans

Buyers want to hold onto their cash. Suppliers want to be paid as soon as possible. Brandon Spear, president of MSTS, tells Karen Webster that part of the key to harmonious B2B payments lies with standardizing payments, money flows and invoicing. And why that harmony drives healthier bottom lines.

 

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Electronic Payments

As The Wind Blows, The Shift From Paper To P2P Payments Builds

Paper checks lead to friction and high costs for all types of transactions, but the inertia of the stalwart payment method is hard to break. Jeff McCrory, director of electronic payments for Fiserv, talks with PYMNTS about how to make the leap to digital, even for the most resistant sectors of the economy — and why peer to peer (P2P) will play a big role in that effort.

 

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Transportation Tech

Inside The Race For Flying-Taxi Liftoff

Mobility and related services have undergone massive changes over the last few years. Florian Reuter, CEO at flying-taxi maker Volocopter, tells PYMNTS about how regulatory shifts and consumer demands are coming together to create a new market for the transportation tech. And he explains how the race (among companies like Uber and Boeing) to build and operate commercially viable aerial taxis can also have impacts on the retail delivery space.

 

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Gig Economy Regulation

What’s Next For California’s Gig Economy When AB 5 Goes Into Effect?

This week, California’s State Senate formally passed a law that would classify ridesharing drivers, among other gig economy workers, as employees or independent contractors. And in doing so, the course of the gig economy has possibly changed forever. Big firms like Uber are pushing back — but it will be an expensive fight. Moreover, if enough states take a new regulatory look at the gig economy, it may not be the only battle. Here’s our dive.   

 

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PSD2 Tracker™

Trending: How Merchants Are Prepping For SCA’s Looming Deadline

The three letters that strike fear in the heart of EU merchants — SCA — is also a necessary step forward for merchants, says Paul Rodgers, chairman of European payments organization Vendorcom. In the latest PSD2 Tracker, he discusses how merchants are prepping for this “new normal” — and why, there’s more good than bad with the new requirement.

 

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